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  • England and Wales
  • England
  • West Midlands
  • Herefordshire, County of
  • Shropshire
  • Staffordshire
  • Stoke-on-Trent
  • Telford and Wrekin
  • Warwickshire
  • West Midlands County
  • Worcestershire

Rental Market of The West Midlands

Area selected: The West Midlands
  • England and Wales
  • England
  • West Midlands
  • Herefordshire, County of
  • Shropshire
  • Staffordshire
  • Stoke-on-Trent
  • Telford and Wrekin
  • Warwickshire
  • West Midlands County
  • Worcestershire
Home
Average rent
£732

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Stats Chart
Rent growth
3.2%

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Business
Most popular type
2 bed (42.4%)

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Average Rent
Rent Growth
Area type
Region
Population
5,954,240
Area size
12,998km2
Room average rent
£429
Studio average rent
£485
1 bed average rent
£578
2 bed average rent
£694
3 bed average rent
£821
4+ bed average rent
£1,251

How much is rent in The West Midlands?

The average rent in The West Midlands is £732 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2021 and September 2022. Between the years ending September 2021 and September 2022, average rents in The West Midlands grew by £23. Compare average rent by area.

The West Midlands's average rent of £732 is £214 lower than the £946 average rent in England. The West Midlands is the 5th most expensive region (of 9 total) based on average rent price.

The average rent growth rate in The West Midlands between the years ending September 2021 and September 2022 was 3.2%. If rents continue to grow at this rate, average rents will reach £832 by 2025.

The average cost of rent in The West Midlands varies depending on property type, prices start at £429 for a single room and rise to £1,251 for a house with four or more bedrooms.

Rental data for The West Midlands is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.

The West Midlands rent price ranges

Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in The West Midlands is £595, increasing to £775 for the upper quartile rent.

Types of rental property in The West Midlands

Based on the 42,640 properties surveyed, the most common type of rental property within The West Midlands is 2 beds, which account for 42.4% of properties. In England, the most common type of property is 2 bed flats, which account for 38.6% of the rental market stock.

The least commonly available type of rental property is Studios, which account for 1.7% of properties. In England, the least common type of property is Studio flats, which account for 2.2% of the rental market stock.

  • Room: 1,470 rental properties or 3.4%
  • Studio: 720 rental properties or 1.7%
  • 1 bed: 7,380 rental properties or 17.3%
  • 2 bed: 18,080 rental properties or 42.4%
  • 3 bed: 12,430 rental properties or 29.2%
  • 4+ bed: 2,570 rental properties or 6.0%
Home
Average property price
£256,419

The West Midlands House Prices Arrow Forward

Pie Chart
GDP
£ 157 billion

The West Midlands Economy Arrow Forward

Cash
Average salary
£36,785

The West Midlands Salary Arrow Forward

Cheapest areas to rent in The West Midlands

The cheapest rents in The West Midlands are found in Stoke-on-Trent, where the average cost of rent is £523. In the past year, rents have changed by -4.9% in Stoke-on-Trent (compared to 3.2% in The West Midlands)

Rank
Area
Average Rent
YoY change in average Rent
1 Stoke-on-Trent
Unitary Authority
£523 -4.9%
2 Telford and Wrekin
Unitary Authority
£640 1.1%
3 Shropshire
Unitary Authority
£671 2.4%
4 Herefordshire, County of
Unitary Authority
£690 3.1%
5 Staffordshire
County
£702 3.5%
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Most expensive area to rent in The West Midlands

The most expensive rents in The West Midlands are found in Warwickshire, where the average cost of rent is £849. In the past year, rents have changed by 8.7% in Warwickshire (compared to 3.2% in The West Midlands)

Rank
Area
Average Rent
YoY CHANGE in AVERAGE Rent
1 Warwickshire
County
£849 8.7%
2 West Midlands County
Metropolitan County
£755 5.2%
3 Worcestershire
County
£721 2.7%
4 Staffordshire
County
£702 3.5%
5 Herefordshire, County of
Unitary Authority
£690 3.1%
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Discover more

Areas near West Midlands

Region
East Midlands
average rent £673
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Region
London
average rent £1,597
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Region
North East
average rent £572
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Region
East
average rent £930
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Region
North West
average rent £658
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Region
South East
average rent £1,024
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Region
South West
average rent £873
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Region
Yorkshire and the Humber
average rent £646
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Areas in West Midlands

Local Authority
Shropshire
average rent £655
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Local Authority
Herefordshire, County of
average rent £669
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County
Staffordshire
average rent £678
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Local Authority
Stoke-on-Trent
average rent £550
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County
Warwickshire
average rent £781
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Local Authority
Telford and Wrekin
average rent £633
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County
West Midlands County
average rent £718
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County
Worcestershire
average rent £702
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics

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